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International Petroleum Corporation ( (TSE:IPCO) ) has provided an announcement.
International Petroleum Corporation (IPC) announced the repurchase of 59,454 common shares between September 15 and 19, 2025, as part of its normal course issuer bid (NCIB) program. The repurchases, conducted on Nasdaq Stockholm and the Toronto Stock Exchange, are part of IPC’s strategy to manage its share capital effectively. The repurchased shares will be canceled, reducing the total number of issued and outstanding shares. This move reflects IPC’s commitment to enhancing shareholder value and optimizing its capital structure.
The most recent analyst rating on (TSE:IPCO) stock is a Hold with a C$26.00 price target. To see the full list of analyst forecasts on International Petroleum Corporation stock, see the TSE:IPCO Stock Forecast page.
Spark’s Take on TSE:IPCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:IPCO is a Neutral.
The overall stock score of 67 reflects a mixed outlook for International Petroleum Corporation. The most significant factor is the company’s financial performance, which is challenged by declining revenue and profitability margins. Technical analysis shows positive momentum, but valuation concerns arise from a high P/E ratio and lack of dividend yield. The earnings call provided a balanced sentiment with strong operational performance but highlighted financial challenges.
To see Spark’s full report on TSE:IPCO stock, click here.
More about International Petroleum Corporation
International Petroleum Corporation (IPC) is an international oil and gas exploration and production company with a high-quality portfolio of assets located in Canada, Malaysia, and France. It is a member of the Lundin Group of Companies and is incorporated in Canada, with its shares listed on the Toronto Stock Exchange and Nasdaq Stockholm under the symbol ‘IPCO’.
Average Trading Volume: 99,481
Technical Sentiment Signal: Buy
Current Market Cap: C$2.65B
For an in-depth examination of IPCO stock, go to TipRanks’ Overview page.